Vselected financial data for the portland porcelain works coffee mug division is as follows: sales $ 2 comma 000 comma 000 operating income $ 400 comma 000 total assets $ 800 comma 000 current liabilities $ 120 comma 000 target rate of return 13% weighted average cost of capital 6% what is the portland porcelain works coffee mug division capital turnover?

Capital turnover = 2.5 times

Explanation:

given data

Sales =  $2,000,000

Operating income = $400,000

Total assets = $800,000

Current liabilities = $120,000

Target rate of return = 13​%

Weighted average cost of capital = 6​%

to find out

Portland Porcelain Works Coffee Mug Division capital​ turnover

solution

we get here Portland Porcelain Works Coffee Mug Division capital turnover that is find here by dividing sales by total assets

so

Capital turnover =     ......................1

put here value

Capital turnover =

Capital turnover = 2.5 times

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;